Fund Accounting Associate (Fund Administration)

About the role

Join our Fund Administration Group as a Fund Accounting Associate and support a variety of accounting and fund administration activities for investment funds.

Responsibilities

• Maintain fund accounting records and general ledger activity.
• Prepare bank, cash, and balance sheet reconciliations.
• Assist with monthly, quarterly, and annual financial statement preparation.
• Process accounts payable, cash disbursements, cash receipts, and other fund transactions.
• Support capital call and distribution activities, including investor communications.
• Prepare investor capital account statements and reporting packages.
• Assist with management fee calculations and expense allocations.
• Help coordinate audit support requests and prepare workpapers.
• Research and resolve accounting issues while ensuring compliance with applicable accounting standards.
• Build and maintain strong relationships with clients, investors, and internal team members.
• Continuously develop knowledge of investment fund structures, accounting principles, and industry technology platforms.

Requirements

• Accounting and financial experience is preferred.
• Bachelor's degree is required; combination of related experience, education, and training may be accepted in lieu of degree.

Pay

• Minnesota: $55,000.00 – $95,000.00
• Illinois: $55,000.00 – $99,000.00

Benefits

CLA offers comprehensive benefit options, including:

• Health, dental, and vision insurance
• 401(k) retirement plan
• Physical, financial, social, and emotional well-being programs